| Schedule of Changes in AOCI by Component |
The tables below present the changes in Accumulated other comprehensive income (loss) (“AOCI”) by component for the three and six months ended June 30, 2025 and 2026:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net Unrealized Gains (Losses) on Investments with an Allowance for Credit Losses | | Net Unrealized Gains (Losses) on Other Investments | | Cumulative
impact of
changes in
discount
rates used to
measure long
duration
contracts | | Unrealized Gains (Losses) on Cash Flow Hedges | | Pension and Postretirement Benefits | | Foreign Currency Translation | | Total Accumulated Other Comprehensive Income (Loss) | | (In millions) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance, April 1, 2025 | $ | (15) | | | $ | (1,463) | | | $ | 219 | | | $ | 6 | | | $ | (223) | | | $ | (209) | | | $ | (1,685) | | Other comprehensive income (loss) before reclassifications, after tax of $2, $(12), $0, $1, $0 and $0 | (5) | | | 44 | | | (3) | | | (3) | | | | | 130 | | | 163 | | Reclassification of losses from accumulated other comprehensive loss, after tax of $(2), $(10), $0, $0, $(1) and $0 | 6 | | | 30 | | | | | | | | | 1 | | | | | | 37 | | | Other comprehensive income (loss) | 1 | | | 74 | | | (3) | | | (3) | | | 1 | | | 130 | | | 200 | | | Amounts attributable to noncontrolling interests | (1) | | | (6) | | | 1 | | | | | | | | (11) | | | (17) | | | | | | | | | | | | | | | | Balance, June 30, 2025 | $ | (15) | | | $ | (1,395) | | | $ | 217 | | | $ | 3 | | | $ | (222) | | | $ | (90) | | | $ | (1,502) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance, April 1, 2026 | $ | (21) | | | $ | (1,298) | | | $ | 373 | | | $ | 3 | | | $ | (211) | | | $ | (144) | | | $ | (1,298) | | Other comprehensive income (loss) before reclassifications, after tax of $1, $(50), $9, $(2), $1 and $0 | (3) | | | 186 | | | (34) | | | 2 | | | (2) | | | (22) | | | 127 | | Reclassification of losses from accumulated other comprehensive loss, after tax of $(1), $(1), $0, $0, $(1) and $0 | 2 | | | 4 | | | | | | | | | 1 | | | | | | 7 | | | Other comprehensive income (loss) | (1) | | | 190 | | | (34) | | | 2 | | | (1) | | | (22) | | | 134 | | | Amounts attributable to noncontrolling interests | (1) | | | (15) | | | 2 | | | | | | | | | 3 | | | (11) | | | | | | | | | | | | | | | | Balance, June 30, 2026 | $ | (23) | | | $ | (1,123) | | | $ | 341 | | | $ | 5 | | | $ | (212) | | | $ | (163) | | | $ | (1,175) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net Unrealized Gains (Losses) on Investments with an Allowance for Credit Losses | | Net Unrealized Gains (Losses) on Other Investments | | Cumulative impact of changes in discount rates used to measure long
duration contracts | | Unrealized Gains (Losses) on Cash Flow Hedges | | Pension and Postretirement Benefits | | Foreign Currency Translation | | Total Accumulated Other Comprehensive Income (Loss) | | (In millions) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance, January 1, 2025 | $ | (13) | | | $ | (1,720) | | | $ | 324 | | | $ | 9 | | | $ | (224) | | | $ | (243) | | | $ | (1,867) | | Other comprehensive income (loss) before reclassifications, after tax of $3, $(85), $31, $3, $0 and $0 | (10) | | | 320 | | | (117) | | | (6) | | | (1) | | | 167 | | | 353 | | Reclassification of losses from accumulated other comprehensive loss, after tax of $(2), $(11), $0, $0, $(1) and $0 | 8 | | | 36 | | | | | | | 3 | | | | | 47 | | | Other comprehensive income (loss) | (2) | | | 356 | | | (117) | | | (6) | | | 2 | | | 167 | | | 400 | | | Amounts attributable to noncontrolling interests | | | (30) | | | 10 | | | | | | | (14) | | | (34) | | | Other | | | (1) | | | | | | | | | | | (1) | | Balance, June 30, 2025 | $ | (15) | | | $ | (1,395) | | | $ | 217 | | | $ | 3 | | | $ | (222) | | | $ | (90) | | | $ | (1,502) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance, January 1, 2026 | $ | (15) | | | $ | (907) | | | $ | 176 | | | $ | 2 | | | $ | (212) | | | $ | (111) | | | $ | (1,067) | | Other comprehensive income (loss) before reclassifications, after tax of $4, $67, $(48), $(2), $1 and $0 | (15) | | | (245) | | | 180 | | | 3 | | | (3) | | | (57) | | | (137) | | Reclassification of losses from accumulated other comprehensive loss, after tax of $(2), $(3), $0, $0, $(1) and $0 | 7 | | | 10 | | | | | | | | | 3 | | | | | | 20 | | | Other comprehensive income (loss) | (8) | | | (235) | | | 180 | | | 3 | | | — | | | (57) | | | (117) | | | Amounts attributable to noncontrolling interests | | | | 19 | | | (15) | | | | | | | | | 5 | | | 9 | | | | | | | | | | | | | | | | Balance, June 30, 2026 | $ | (23) | | | $ | (1,123) | | | $ | 341 | | | $ | 5 | | | $ | (212) | | | $ | (163) | | | $ | (1,175) | |
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